$700,000
SOLD JUN 13, 2022

8205 W Gibson Ranch Rd Payson, AZ 85541

3 Beds
2 Baths
2,161 Sq Ft
1.99 Acres

Recently Sold

$324 Per Sq Ft

12% Below List Price

81 Days on Market

Highlights

  • 1 Fireplace
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub With Separate Shower Stall
  • No HOA
  • Heating Available

About This Home

As of June 2022

Beautifully remodeled cabin sitting on roughly 2 acres of land! Imagine your lifestyle in this beautiful mountain home sitting majestically on two acres in the most pristine area in Rim Country. Ideal for full-time or your cabin get-away. The expansive redwood deck is the perfect place to enjoy your morning coffee and nighttime beverages. Plenty of room on the back of the property to build a guest quarters or another home if you would like. Make sure to view this stunning cabin before it's too late!

Last Agent to Sell the Property

George Malki

Resident Arizona License #BR661254000 Listed on: 02/21/2022

Last Buyer's Agent

George Malki

Resident Arizona License #BR661254000 Listed on: 02/21/2022

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,093

Year Built

  • Built in 1999

Lot Details

  • 1.99 Acre Lot
  • Desert faces the front and back of the property
  • Wire Fence

Parking

  • 2 Carport Spaces

Home Design

  • Wood Frame Construction
  • Composition Roof

Interior Spaces

  • 2,161 Sq Ft Home
  • 2-Story Property
  • 1 Fireplace

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bathroom is a Full Bathroom
  • 2 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub With Separate Shower Stall

Utilities

  • Refrigerated Cooling System
  • Heating Available
  • Septic Tank

Community Details

  • No Home Owners Association
  • Association fees include no fees
  • Homestead Entry Surv #48 Subdivision

Listing and Financial Details

  • Tax Lot 4
  • Assessor Parcel Number 304-23-004-J

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,093

Year Built

Built in 1999

Lot Details

0

Listing Details

  • Cross Street: Hwy 87 & Round Valley Turnoff
  • Legal Info Range: 10E
  • Property Type: Residential
  • Ownership: Fee Simple
  • Association Fees Land Lease Fee: N
  • Basement: N
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1999
  • Tax Year: 2021
  • Directions: 2 miles south of Payson, East on Gibson Ranch to lower Round Valley, NW corner of Gibson Peak
  • Property Sub Type: Single Family - Detached
  • Horses: No
  • Lot Size Acres: 1.99
  • Subdivision Name: HOMESTEAD ENTRY SURV #48
  • Property Attached Yn: No
  • Tax Parcel Letter: J
  • ResoBuildingAreaSource: Assessor
  • Special Features: None

Interior Features

  • Basement YN: No
  • Spa Features: None
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: 1 Fireplace
  • Fireplace: Yes
  • Interior Amenities: Double Vanity, Full Bth Master Bdrm, Separate Shwr & Tub
  • Living Area: 2161.0
  • Stories: 2
  • Kitchen Features:RangeOven Gas: Yes
  • Fireplace:_one_ Fireplace: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: Wire
  • Lot Features: Natural Desert Back, Natural Desert Front
  • Pool Features: None
  • Pool Private: No
  • Disclosures: Seller Discl Avail, Well Disclosure
  • Construction Type: Painted, Frame - Wood
  • Roof: Composition
  • Construction:Frame - Wood: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Carport Spaces: 2.0

Utilities

  • Cooling: Refrigeration
  • Heating: Electric
  • Water Source: Well - Pvtly Owned
  • Heating:Electric: Yes
  • Sewer Septic Tank: Yes

Condo/Co-op/Association

  • Amenities: None
  • Association: No

Association/Amenities

  • Association Fees:HOA YN2: N
  • Association Fees:PAD Fee YN2: N
  • Association Fee Incl:No Fees: Yes

Fee Information

  • Association Fee Includes: No Fees

Schools

  • Elementary School: Other
  • High School: Other
  • Junior High Dist: Out of Area
  • Middle Or Junior School: Other

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 86756.0
  • Parcel #: 304-23-004-J
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: UNK

Tax Info

  • Tax Annual Amount: 4093.0
  • Tax Book Number: 304.00
  • Tax Lot: 4
  • Tax Map Number: 23.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 21, 2022
Closed on
Aug 1, 2022
Sold by
Peggy Gascon
Bought by
M & P Investments Sierra Llc
Seller's Agent
George Malki
Resident Arizona
Buyer's Agent
George Malki
Resident Arizona
List Price
$799,000
Sold Price
$700,000
Premium/Discount to List
-$99,000
-12.39%
Total Days on Market
81
Current Estimated Value
$807,225

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$107,225
Avg. Annual Appreciation
4.69%

Purchase Details

Listed on
Feb 21, 2022
Closed on
May 18, 2022
Sold by
Jesse Higgins
Bought by
Gascon Peggy
Seller's Agent
George Malki
Resident Arizona
Buyer's Agent
George Malki
Resident Arizona
List Price
$799,000
Sold Price
$700,000
Premium/Discount to List
-$99,000
-12.39%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$344,500
Interest Rate
5.1%
Mortgage Type
New Conventional
Source: Public Records

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- None Listed On Document
Warranty Deed -- Clear Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $344,500 New Conventional
Previous Owner $50,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/13/2022 06/13/22 Sold $700,000 -12.4% $324 / Sq Ft
05/13/2022 05/13/22 Pending -- -- --
02/21/2022 02/21/22 For Sale $799,000 +62.5% $370 / Sq Ft
10/13/2021 10/13/21 Sold $491,600 -17.9% $227 / Sq Ft
08/08/2021 08/08/21 Pending -- -- --
06/09/2021 06/09/21 For Sale $599,000 -- $277 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $4,117 -- -- --
2024 $4,117 $71,312 $13,890 $57,422
2023 $4,117 $54,965 $13,971 $40,994
2022 $3,985 $30,570 $13,971 $16,599
2021 $4,093 $30,570 $13,971 $16,599
2020 $4,200 $0 $0 $0
2019 $4,283 $0 $0 $0
2018 $4,112 $0 $0 $0
2017 $3,908 $0 $0 $0
2016 $3,816 $0 $0 $0
2015 $3,642 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6358522

Arizona Regional Multiple Listing Service (ARMLS)

APN: 304-23-004J